Liberal and Labor politicians, as well as Lord Mayor Campbell
Newman, expressed concern over the original 76-storey tower's
"appalling-looking" design and its potential impact on traffic
congestion.

Meriton last week resubmitted plans for a new 250m building, to
be constructed on the corner of Adelaide and Macrossan streets,
which it describes as "tall, slim and elegant".

The tower's facade comprises grey-coloured glazed windows broken
up by "continuous vertical elements" and horizontal perforated
metal screens, according to Meriton's new development
application.

Large expanses of clear glass on lower levels will create a
colourful and active footpath space, the developer said. It plans
to include street-level retail space for restaurants and cafes.

The highrise tower will combine a mixture of serviced and
residential apartments, while a three-storey podium will include
commercial space.

The building will also boast a 10-level basement car park that
is tipped to require one of the biggest excavation efforts in the
city's construction history.

Meriton has been working closely with council planners for more
than a year to address traffic issues.

The developer is also rumoured to be working on plans for a 80
to 90-storey residential tower on Herschel Street, after the
company paid a reported $25 million for a 1800 square metre site
late last year.

Mr Triguboff, regarded as one of the country's most successful
property developers, is famous for declaring Brisbane a "backwater"
in the 1980s.

His company purchased the Adelaide Street site last year and its
planned highrise will be Meriton's first foray into Queensland's
capital.